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Economic Analysis: Theory and Practice
 

A marketing analysis of meat consumption

Vol. 16, Iss. 3, MARCH 2017

PDF  Article PDF Version

Received: 22 December 2016

Received in revised form: 12 January 2017

Accepted: 23 January 2017

Available online: 29 March 2017

Subject Heading: ANALYSIS OF COMPETITIVE ABILITY

JEL Classification: M31, Q13

Pages: 512-520

https://doi.org/10.24891/ea.16.3.512

Shevchenko M.N. Lugansk National Agrarian University, Lugansk, Ukraine
mmshevchenko@ukr.net

Importance The increasing competition forces meat-processing factories to study the needs of customers and make relevant changes in their production, assortment and marketing programs aimed at product competitiveness enhancement. This necessitates a market analysis to explore meat consumers' preferences.
Objectives The paper aims to perform a marketing analysis of meat consumption based on survey data, using clustering techniques and modern software for data processing.
Methods The study employs questionnaire survey techniques and cluster analysis of meat product consumption.
Results The analysis of the meat product market rests on a questionnaire survey of meat product consumers and marketing specialists at meat-processing factories of the Lugansk region. Using the Statistica software, I performed a cluster analysis of meat product consumers, and built a vertical dendrogram enabling to highlight two market segments. The k-means method helped to define the mean values of cluster consumer and their preferences. The paper formulates proposals and recommendations for meat packers.
Conclusions and Relevance The findings may serve as a basis for decision-making in the field of product, sales and communication policies of meat-processing enterprises of the Lugansk region.

Keywords: marketing analysis, consumer, meat products, cluster, dendrogram

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